Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Flannels received £125,000 business rates relief on new store

High-end fashion chain Flannels has been given £125,000 in business rates relief by Doncaster Council to prevent a former pub and nightclub it bought remaining empty.

The site at Priory Walk, Doncaster, was bought by Mike Ashley in 2016, but renovation was halted by Flannels’ head of property acquisition. The council feared that without the agreed funding it would remain it a “derelict” state.

Council documents said: “If we are unable to support this investment, the unit will remain empty and the area, in general, will continue to look undesirable to new investors.”

After accepting the offer, Flannels opened in October.

In the year to 29 April 2018, Flannels had a turnover of £62m and made a £5m profit.

The news comes after Ashley appeared in front of MPs last week, to discuss the future of the high street. He called for a 20% internet sales tax and five-year relief of business rates for retailers from councils.

Doncaster council admit that the business rates relief offered to Flannels might “risk setting a powerful precedent for further retail applications and challenges if they are not supported”.

Readers' comments (3)

  • Wonderful precedent !

    Unsuitable or offensive? Report this comment

  • This is dangerous as why should Flannels be supported where many other retailers are not? Could result in legal challenges against Doncaster Council further down the line, of which I cannot see them winning.

    Unsuitable or offensive? Report this comment

  • Surely no one can be surprised at this? Councils and landlords have been offering incentives for ‘wanted’ retailers for decades. I suspect if you asked any smaller retailer in an M&S closure town would support a subsidised business rate or rent knowing the footfall these stores can attract. I’m afraid if this story was about M&S it would be a non story... MA’s involvement makes it more newsworthy.

    Unsuitable or offensive? Report this comment

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.